Can I retire at age 50 with 4,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $4,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$404,637$401,033$397,517$394,084$390,733$387,945
2 years$200,316$196,585$192,969$189,464$186,063$183,252
3 years$132,217$128,470$124,864$121,391$118,046$115,299
4 years$98,175$94,439$90,869$87,456$84,192$81,529
5 years$77,754$74,042$70,518$67,174$64,001$61,432
6 years$64,145$60,461$56,989$53,720$50,642$48,168
7 years$54,429$50,775$47,358$44,166$41,185$38,809
8 years$47,144$43,523$40,163$37,050$34,167$31,888
9 years$41,482$37,895$34,593$31,558$28,774$26,591
10 years$36,954$33,402$30,159$27,203$24,517$22,430
11 years$33,252$29,736$26,551$23,675$21,085$19,092
12 years$30,170$26,690$23,564$20,766$18,272$16,371
13 years$27,563$24,120$21,053$18,334$15,934$14,123
14 years$25,331$21,924$18,916$16,274$13,967$12,244
15 years$23,398$20,028$17,078$14,514$12,298$10,661
16 years$21,709$18,375$15,484$12,996$10,869$9,315
17 years$20,220$16,923$14,090$11,676$9,637$8,164
18 years$18,897$15,638$12,862$10,523$8,569$7,173
19 years$17,716$14,493$11,775$9,508$7,638$6,317
20 years$16,654$13,467$10,806$8,612$6,822$5,574
21 years$15,694$12,544$9,940$7,816$6,105$4,927
22 years$14,822$11,710$9,161$7,106$5,472$4,361
23 years$14,028$10,952$8,459$6,472$4,912$3,866
24 years$13,301$10,261$7,823$5,903$4,415$3,430
25 years$12,633$9,630$7,245$5,391$3,973$3,047
26 years$12,017$9,050$6,720$4,929$3,579$2,709
27 years$11,448$8,517$6,240$4,512$3,227$2,410
28 years$10,921$8,026$5,801$4,134$2,911$2,145
29 years$10,431$7,571$5,398$3,791$2,629$1,911
30 years$9,974$7,150$5,028$3,479$2,375$1,704
31 years$9,548$6,760$4,688$3,195$2,148$1,519
32 years$9,149$6,396$4,374$2,936$1,943$1,355
33 years$8,775$6,057$4,084$2,700$1,758$1,210
34 years$8,424$5,741$3,816$2,484$1,592$1,080
35 years$8,094$5,445$3,567$2,287$1,442$964
36 years$7,782$5,168$3,337$2,106$1,306$861
37 years$7,489$4,908$3,123$1,941$1,184$770
38 years$7,211$4,665$2,925$1,789$1,073$688
39 years$6,948$4,436$2,740$1,649$973$615
40 years$6,699$4,220$2,569$1,521$883$550
41 years$6,463$4,017$2,408$1,404$801$491
42 years$6,238$3,826$2,259$1,295$727$439
43 years$6,025$3,645$2,120$1,196$660$393
44 years$5,822$3,475$1,990$1,104$599$352
45 years$5,628$3,314$1,869$1,020$544$314
46 years$5,444$3,161$1,755$942$493$281
47 years$5,268$3,017$1,649$870$448$252
48 years$5,099$2,880$1,549$804$407$225
49 years$4,938$2,750$1,456$743$370$201
50 years$4,784$2,627$1,369$687$336$180

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $4,900,000, adding $3,693 every year, while hoping to spend $35,590 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 67/16/17 Blend
49$4,900,000$4,900,000$4,900,000$4,900,000
50$5,403,609$5,143,909$5,067,959$5,743,158
51$5,916,910$5,358,093$5,199,868$6,184,685
52$6,481,375$5,581,580$5,335,004$6,662,802
53$7,102,184$5,814,786$5,473,436$7,184,734
54$7,785,047$6,058,151$5,615,236$7,754,783
55$8,536,253$6,312,131$5,760,477$8,377,682
56$9,362,731$6,577,206$5,909,234$9,058,641
57$10,272,117$6,853,877$6,061,581$9,803,394
58$11,272,824$7,142,668$6,217,595$10,618,255
59$12,374,121$7,444,128$6,377,353$11,510,174
60$13,586,222$7,758,830$6,540,935$12,486,801
61$14,920,380$8,087,376$6,708,419$13,556,562
62$16,388,995$8,430,394$6,879,888$14,728,731
63$18,005,731$8,788,543$7,055,423$16,013,522
64$19,785,644$9,162,509$7,235,108$17,422,181
65$21,745,323$9,553,016$7,419,027$18,967,092
66$23,903,048$9,960,815$7,607,266$20,661,895
67$26,278,961$10,386,697$7,799,912$22,521,609
68$28,895,258$10,831,489$7,997,052$24,562,777
69$31,776,397$11,296,054$8,198,776$26,803,617
70$34,949,327$11,781,298$8,405,172$29,264,195
71$38,443,745$12,288,169$8,616,333$31,966,613
72$42,292,377$12,817,658$8,832,349$34,935,215
73$46,531,280$13,370,805$9,053,314$38,196,817
74$51,200,192$13,948,696$9,279,322$41,780,957
75$56,342,899$14,552,469$9,510,466$45,720,171
76$62,007,651$15,183,316$9,746,843$50,050,301
77$68,247,618$15,842,485$9,988,549$54,810,831
78$75,121,389$16,531,281$10,235,680$60,045,258
79$82,693,530$17,251,073$10,488,334$65,801,497
80$91,035,186$18,003,292$10,746,609$72,132,339
81$100,224,759$18,789,437$11,010,605$79,095,937
82$110,348,644$19,611,079$11,280,419$86,756,364
83$121,502,046$20,469,862$11,556,153$95,184,205
84$133,789,876$21,367,507$11,837,906$104,457,228
85$147,327,746$22,305,817$12,125,778$114,661,114
86$162,243,054$23,286,680$12,419,870$125,890,262
87$178,676,192$24,312,074$12,720,282$138,248,677
88$196,781,867$25,384,069$13,027,115$151,850,952
89$216,730,563$26,504,834$13,340,469$166,823,344
90$238,710,150$27,676,640$13,660,444$183,304,964
91$262,927,656$28,901,866$13,987,140$201,449,085
92$289,611,224$30,183,005$14,320,656$221,424,592
93$319,012,261$31,522,664$14,661,090$243,417,563
94$351,407,816$32,923,579$15,008,541$267,633,032
95$387,103,192$34,388,613$15,363,106$294,296,912
96$426,434,826$35,920,764$15,724,879$323,658,131
97$469,773,472$37,523,174$16,093,955$355,990,974
98$517,527,691$39,199,135$16,470,428$391,597,669
99$570,147,716$40,952,093$16,854,388$430,811,234
100$628,129,698$42,785,661$17,245,925$473,998,621